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14
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Water storage figure
*
Storage in Hong Kong's reservoirs at 9 am today (Monday) stood at 95.4 per cent of capacity or 559.302 million cubic metres.
This time last year the reservoirs contained 524.634 million cubic metres of water, representing 89.5 per cent of capacity.
End
Tender for 4th issue of 7-year exchange fund notes
Tender for the fourth issue of 7-year exchange fund notes will be held on August 19 for settlement on August 20, the Hong Kong Monetary Authority (HKMA) announces today (Monday).
An amount of $500 million 7-year notes will be offered. Another $100 million will be held as reserve by HKMA for supply to market makers in the secondary market.
The notes will mature on August 20, 2003, and will carry interest at the rate of 7.24% per annum payable semi-annually in arrears. Terms and conditions of the issue are described fully in the information memorandum.
Members of the public who wish to tender for the notes may do so through any of the market makers or recognised dealers on the published list which can be obtained from HKMA at 30th floor, 3 Garden Road, Hong Kong, or telephone 2878 8150. Each tender must be for an amount of $50,000 or integral multiples thereof.
Tender information for the fourth issue of 7-year exchange fund notes is as
follows:
Issue number
Tender date and time
Issue and settlement date
: 7308
: Monday August 19, 1996,
9.30 am to 10.30 am
: Tuesday August 20, 1996